Neosho Area HFH is a locally run affiliate of Habitat for Humanity International, a nonprofit, ecumenical Christian housing organization. Habitat for Humanity works in partnership with people in need to build and renovate decent, affordable housing. The houses then are sold to those in need at no profit and with no interest charged.
Volunteers provide most of the labor, and individual and corporate donors provide money and materials to build Habitat houses. Partner families themselves invest hundreds of hours of labor – “sweat equity” – into building their homes and the homes of others. Their mortgage payments go into a revolving Fund for Humanity that is used to build more houses.
You will need to complete an application and submit it during the time we are accepting new applications. The application packet includes requirements for qualification. You can print off an application here.
Each build is a little different on the timing, partially due to our reliance on volunteer workers, but the process of getting a Homeowner approved and a house completed is about one year.
The final payment is calculated based on the final sales price of the house, which we will finance for a term of 20 years. The monthly payment will also include on amount to pay the real estate taxes when they come due, and the Homeowner’s insurance, which is normally your choice of agent. We do not sell insurance, and we CHARGE NO INTEREST on the mortgage loan.
Basically, there is no actual down payment required, but you will need funds to pay for the first year’s Homeowner’s insurance and a small portion of the closing costs. Based on recent closings, this is usually a total of approximately $1,200.00, which is due at the time of closing.
The Neosho Chapter does not remodel homes. As a Community Service, we do offer to make some minor exterior repairs under our A BRUSH WITH KINDNESS program.
Typically, we have built our new homes within the city limits of Neosho. One advantage is that we automatically have city water and sewer established. We normally can give you an actual address of the next build.
Normally, this would be a deterrent to qualifying for a Habitat home. If you have good equity, you would probably qualify for a loan at a normal financial institution, and we do not compete with the open market lending agencies or government insured loans.
Each build is given careful consideration, but in order to make our system of non-paid volunteers work, we try to stay within the Neosho City limits.
Our chapter does not have a Habitat ReStore to handle these items, and we do not include used building materials in the new houses. It is recommended that you contact the Joplin Habitat ReStore for them to pick up items for resale. Their phone number is 417-782-6533.
Habitat for Humanity doesn’t exist without volunteers, and we need your help to build Habitat houses! Because of the leadership and generosity of time, skills, and donations from our volunteers we are able to provide simple, decent, and affordable housing to God’s people in need in Newton County. As you begin your volunteer adventure with Habitat for Humanity, be encouraged that as you give to others and serve with others to build a house, you are building hope in the lives of people.